ABOUT

"Bitcoin will do to banks what email did to the postal industry" (R. Falkvinge).

CoinCompass is an educator providing up-to-date industry best practices on Bitcoin and risk mitigation. We are not a broker nor money transmitter so cannot buy bitcoin on your behalf but provide you with the knowledge and tools to safely buy, store and control your own coins.

We are educators, consultants, pragmatists, researchers, developers, miners, traders, investors, volunteers, open-source advocates and most importantly Bitcoin nerds.

Bitcoin is a new technological force that is revolutionising not just the financial world but several other industries as well. However understanding Bitcoin is like trying to understand the intricacies of the internet in 1989 so it’s very difficult for people to competently invest in Bitcoin.

As with most technological revolutions they are unappreciated by the layperson until they become embedded in everyday culture. The early adopters of Bitcoin were very tech savvy and could foresee the digital and financial potential it offered.

The difference between Bitcoin and the Internet is that one could not invest directly in the internet. You could buy shares of companies that were internet based but not a piece of the internet itself; but when you buy bitcoin you own a piece of the blockchain itself and as bitcoin transactions have grown the price of bitcoin has appreciated. Yet for a  ‘non-tech’ layperson trying to understand what Bitcoin and the Blockchain are is difficult enough much less knowing how to safely invest in it.

Thus came the birth of CoinCompass:

A business that explains Bitcoin simply and succinctly as well as personally educating individuals on how to safely buy, store and control your own coins.

CoinCompass was founded by Gordon (M.N.S. and M.Ed.) and Faris (M.I.C.D). Gordon’s professional history was in IT while Faris’ was in economic development. Over their 20 year friendship the two had sought to work together but never found an industry that complemented their respective skills, until Bitcoin. Gordon and Faris have both worked as educators in schools and universities so CoinCompass was the perfect fit for our skill sets.

Gordon, a professional geek and part-time nerd who lives and breathes everything technology, has had a lucrative 20-year career in IT. His interest in the field was developed at an early age when at 16 he started work experience with IBM. Since then Gordon has worked within numerous industries for small home businesses to large corporations. LinkedIn profile: linkedin.com/in/gcormack

With a Bachelor of Technology (Information Systems), Master of Networks and Security (Business Systems), Master of Education (International Teaching) and various other industry qualifications have given Gordon foundational knowledge to apply best practices to any activity. Ever since learning about Bitcoin in late 2011, he’s been a miner, consultant, educator, volunteer, trader and investor as well as recently coding trading bots and developing (learning) Bitcoin Lightning Network applications. As a former IT Director of 2 international schools in south-east Asia, he developed and taught what is possibly Asia’s first Bitcoin development course to computer science students in 2014/15.

Faris is a foreign exchange, derivatives and cryptocurrency trader. He holds a Bachelor Degree in Security Studies and a Master’s Degree in International Development from Deakin University Melbourne. He is trilingual, a former lecturer in International Relations and Political Economics and interned for President Jimmy Carter’s Centre for Peace and Development.

Faris was an avid investor from the age of 23 having traded in the Australian Stock Market, gold bullion and as Director of a Family Trust accumulated a multiple-property portfolio across Australia. After a more than 10 year career in International Relations and Development Faris started trading on a full time basis and in his macro-economics research came across Bitcoin (a few years after Gordon had told him about it) and could see the macro-economic disruption it would create. Faris’ daily research in global financial markets, macroeconomics and geopolitics enables him to keep up to date with how governments, private and inter-governmental agencies are now adopting blockchain technology and recognising Bitcoin as an idea whose time has come.